(Beam Therapeutics Inc. )
| BEAM latest price $112.2400 (1.03%) ($112.2400 - $112.2400) on Wed. Sep. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 58 |
Latest Price | $112.2400(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 1.9% a day on average for past five trading days. |
Weekly Trend | BEAM advances 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(60%) ARKK(60%) XBI(58%) BLOK(57%) IBB(57%) |
Factors Impacting BEAM price | BEAM will decline at least -2.61% in a week (0% probabilities). VIXM(-32%) UUP(-17%) VXX(-8%) IGOV(-6%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.61% (StdDev 5.22%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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